The “Occupy” movements are gaining momentum, but are chaotic at the moment because the people are not sure what’s wrong. Some want more regulation, some want revolution. They’re in the process of honing down what the movement is about.

Many are angry that they played by the rules and aren’t getting ahead, while they see some who didn’t play by the rules doing just fine.

Eventually, as happened in history, the distrust leads to reduced credit, which will in turn lead to people put their money into something without counterparty risk. I believe eventually that thing will be gold, silver and other tangible things of value. I believe we’ll go back to some kind of a gold standard.